Monday, 17 October 2011 00:00

Crude Oil Prices Gain 4%

The last week, several economical and political events turned the crude oil prices in a climbing direction.

The West Texas Intermediate and also the Brent light are climbing on a straight way upward.

 

 

A barrel of WTI costs $87.25, by Brent are $114.68 per barrels.

Important factor is the European Financial Stabilisation Mechanism and the raise of sales in the USA.

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